
Israel’s natural gas exports to Egypt and Jordan increased sharply in 2022, Israel’s Ministry of Energy and Infrastructure has said.
The total natural gas exported by Israel to Egypt and Jordan rose reached 9.21 billion cubic meters (BCM) in 2022, said an annual report written by the Natural Gas Authority at the ministry, reviewing the developments in the Israeli gas economy.
Israel exported to Egypt 5.81 BCM of natural gas in 2022, reflecting a jump of 37 percent from 2021, and 3.4 BCM to Jordan, an increase of 16.8 percent, according to the report.
The main reason for the increases is the expansion of natural gas production from Israel’s largest natural gas field Leviathan in the Mediterranean Sea, about 120 km off Israel’s northern shores.
Due to the expansion of gas exports to Egypt, Israel is building a 46 km underwater gas pipeline, off Israel’s southern coast, the ministry noted.
Other gas supply infrastructures will be built in the southern Negev desert near the Egyptian border, as approved by the Israeli government earlier this month.
The report stated that following the increase in natural gas production from the Tamar field, located near Leviathan, consumption in Israel’s local economy rose by 3 percent year-on-year in 2022, reaching 12.71 BCM, with 80 percent of the amount being used by the electricity sector. ■
Israel and Cyprus to build a natural gas pipe
Israel and Cyprus have agreed to build a natural gas pipe that will carry Israeli natural gas to Cyprus, the latter country’s Energy, Commerce and Industry Minister Giorgos Papanastasiou said on Monday. Confirming a statement [Read More]
Israel’s natural gas and oil revenues reach record high, increase of 36.6 percent
Israel’s natural gas and oil revenues reached a record high of 1.68 billion new shekels (460 million U.S. dollars) in 2022, according to an annual report issued by the country’s Energy Ministry on Tuesday. The [Read More]
Israel signs deal to secure economic rights to gas field on maritime border with Lebanon
JERUSALEM – Israel has signed an agreement with the two energy companies licensed by Lebanon to drill in a gas field on the maritime border between the two countries to secure its economic rights to [Read More]
More natural gas found off Israel’s coast
London-based company Energean on Monday announced the discovery of 13 billion cubic meters of recoverable natural gas reserves in an exploration drilling in the Mediterranean Sea, off the northern shores of Israel. In addition to [Read More]